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I know accepting checks is an age old concept but I accept cash too.  I don't take credit/debit cards because the fees would eat me alive.  It's not like im doing 3 digit transactions.  It goes like this... by the time I pay out the commision to the groomer, payroll taxes, transaction fees, machine rental, I would only profit about $10 on each dog groom. I would have to have 30 dogs a day come in my shop to survive.    By not accepting credit/debit cards, I'm able to keep grooming rates affordable, take in less dogs which lessens the stress level on dogs and groomers, and not have to run an assembly line chop shop.  I know I take a big chance on checks but I'd rather lose $50 or so bucks a year and love my job then try and keep up with the demand of trying to afford taking credit cards.

Apr 26, 2012 - 04:02 pm
petstylist
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I say out her and tell us where her buisness is and I will go in there and ask her why she felt it necessary to write a hot check.

Apr 26, 2012 - 04:20 pm
squirtismyboy
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You can use Square to accept cc and the fee is something like 2.75%. PayPal is also comming out with a cc reader. Sounds like you may need a business manager.

Apr 26, 2012 - 04:42 pm
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then try and keep up with the demand of trying to afford taking credit cards.


@petstylist:

@Bevo is correct -- it should only cost you ~ 3% + 30 cents per transaction max. For example, if you charge $20 for a grooming, it will cost less than a buck to run the credit card. It adds a lot of convenience for your customers, and considering you get a certain percentage of bounced checks, it will actually save you time and money (no bounces, and chargebacks are much less frequent than bounced checks).  Considering that it makes life easier for you and your customers, you might consider raising rates $1 across the board on your services, which would mostly offset your credit card fees.



Apr 26, 2012 - 04:52 pm
jk
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@petstylist
Square looks like a good deal for what you need -- https://squareup.com/pricing
Make sure you don't pay exorbitant set up fees, with whoever you sign up with for merchant services.


Apr 26, 2012 - 04:54 pm
jk
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I have put a lot of thought into this but past experience scares me a bit. My last Salon, we did accept CCs and would sometimes payout $500 a month. It's not a simple as it sounds. A lot of the charges differ depending on the type of card and the rewards offered. As my business grows I will still consider CCs but as of now, it's not an affordable choice for me. As for raising the groom price $1... That is easier said then done. Grooming is a tough business. I asked many clients last year if they would rather have a price increase and have me accept CCs or just stick with checks and cash and it was unanimous... No CCs.

Apr 26, 2012 - 05:02 pm
petstylist
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Wow. Looks like the owners of the new business across the street also write hot checks to their employees and fail to pay them what they're owed. I just found this out on the ADC forums. Looks like they're lacking in Business ethics as well as personal ethics.

Apr 29, 2012 - 09:12 am
petstylist
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someone needs to have law enforement pay them a visit, if that is the case!

Apr 29, 2012 - 12:41 pm
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They won't keep employees that way.  Not going to make it. 

Apr 29, 2012 - 12:52 pm
hardzep
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They won't keep employees that way.  Not going to make it. 


@Zephard: we should go over there and ask if we could pay them with a check that hangs out with Kobe & Labron& Derrick & Dwade..........you think they may get it then???



Apr 29, 2012 - 12:54 pm
mardigrasman
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If they can't pay employees it is only a matter of weeks, or maybe days, before the place goes under.  Not everybody can make an idea pay money.

Apr 29, 2012 - 01:09 pm
BEVO
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nothing says loving like doing a startup with out proper funding or undercapitalization!

Apr 29, 2012 - 01:23 pm
mardigrasman
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nothing says loving like doing a startup with out proper funding or undercapitalization!


@mardigrasman:

How about a business plan? Small businesses need to be aware that if they are going to cheat one of their most important assets (their employees) then word will spread that they are a POS, especially today when word can spread quickly on the web and in forums.


Apr 29, 2012 - 01:42 pm
BEVO
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nothing says loving like doing a startup with out proper funding or undercapitalization!


@mardigrasman:

How about a business plan? Small businesses need to be aware that if they are going to cheat one of their most important assets (their employees) then word will spread that they are a POS, especially today when word can spread quickly on the web and in forums.



@BEVO: you are correct! I bet if you asked them if they had one, they would probably give you that deer with the headlights look ( that's what i get when i sit down with a new prospect and I ask them how much capital they have set aside to cover fixed expenses). The rule of thumb in the hospitality/restaurant industry is to have 6 months of working/liquid capital to cover fixed expenses while you establish your business/clientele. Too many times have i heard" if we could just get the doors open", only to see a location closed within 2-3 months after opening.I always tell them that you are not Kevin Kostner and if you build it, they may not come! 



Apr 29, 2012 - 01:49 pm
mardigrasman
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